NOT LISTED FOR SALE

Estimated Value: $1,650,000 - $2,063,000

3 Beds
2 Baths
2,264 Sq Ft
$840/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $1,050,000 $464 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,971/month

92 Days on Market

Highlights

  • Beach Front
  • Open Floorplan
  • Attic
  • Shepaug Valley School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of December 2019

Sited on a hilltop above Lake Waramaug, this exceptional offering features a bright & airy main residence w/ phenomenal views, a bluestone patio, 150’ of frontage w/ private dock, sandy beach, & waterfront storage shed. The 3-BR/2-bath house was completely rebuilt in 2007 & exudes a happy, fresh, beachy feeling that can only be found in lakefront living. The open concept main level has hardwood flooring throughout, 9 ft ceilings, & spacious rooms for easy entertaining. A spacious gourmet kitchen -- w/ concrete counters, abundant cabinetry, center island w/ prep sink & breakfast bar -- opens to a combined living/dining rm w/ wood-burning FP & sliders to the dual-level bluestone patio, lawn & fabulous views. A full bath & 2 guest BRs -- each w/ spectacular views -- also comprise main level, along w/ a laundry rm off the entry foyer. The 2nd level master suite allows lake vistas from its own balcony, a marble bath w/ dual sink & double shower & walk-in closet. Other highlights: 3-car garage w/ loft storage, generator hookup, a brand-new septic, & new well. Minutes from bespoke shops & restaurants, & 80 miles from NYC, the property can be enjoyed both as a year-round residence or as an ultimate indulgent weekend getaway for large-scale entertaining, boating, fishing, & a variety of other water/outdoor activities of your choice.

Last Agent to Sell the Property

Mark Madonna

William Pitt Sotheby's Int'l License #RES.0798231 Listed on: 09/04/2019

William Pitt Sotheby's Int'l

Co-Listed By

Jeff Phillips

William Pitt Sotheby's Int'l License #RES.0798227

Last Buyer's Agent

Karen Silk

William Pitt Sotheby's Int'l License #REB.0629515

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,889

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Beach Front
  • Stone Wall
  • Interior Lot
  • Sloped Lot
  • Garden
  • Property is zoned R-3

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,264 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Patio
  • Terrace

Schools

  • Washington Elementary School
  • Shepaug High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,889

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Neighborhood: New Preston
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2264
  • Public Record Living Room Sq Ft: 2264
  • Total Sq Ft: 2264
  • Year Built: 2007
  • Nearby Amenities: Health Club, Lake, Medical Facilities, Park, Private School(s), Shopping/Mall, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: 202 to Rte 45 East Shore Rd to W Shore to first left onto Tinker Hill. Property is near end of road on right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch, Crawl Space
  • Basement Description: Full With Walk-Out, Unfinished
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Location: includes built-ins, storage, and closet
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Patio, Stone Wall, Terrace
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Fiberglass Shingle
  • Waterfront Description: Direct Waterfront, Frontage, Dock or Mooring, Beach
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Shared, Paved, Gravel

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Extra Insulation, Thermopane Windows

Lot Info

  • Acres: 1.0000
  • Lot Description: Interior Lot, Water View, Sloping Lot, Fence - Stone
  • Zoning: R-3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 11889
  • Mil Rate Base: 14.250
  • Assessor Parcel Number: 2140948

MLS Schools

  • Elementary School: Washington
  • High School: Shepaug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 21, 2019
Sold by
Arnold Lynda L and Arnold Peter M
Bought by
Jacobellis Michael
Seller's Agent
Mark Madonna
William Pitt Sotheby's Int'l
Buyer's Agent
Karen Silk
William Pitt Sotheby's Int'l
List Price
$1,300,000
Sold Price
$1,050,000
Premium/Discount to List
-$250,000
-19.23%
Current Estimated Value
$1,901,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,976
Avg. Annual Appreciation
10.48%
Original Mortgage
$840,000
Outstanding Balance
$737,503
Interest Rate
3.5%
Estimated Equity
$1,164,473

Purchase Details

Closed on
Oct 9, 2009
Sold by
Grp Foothills
Bought by
Arnold Peter and Arnold Lynda

Purchase Details

Closed on
May 10, 2006
Sold by
Fuller Morris
Bought by
Foothills Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
7.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jacobellis Michael $1,050,000 --
Jacobellis Michael $1,050,000 --
Arnold Peter -- --
Arnold Peter -- --
Foothills Group $570,000 --
Foothills Group $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobellis Michael $840,000
Closed Jacobellis Michael $840,000
Previous Owner Foothills Group $500,000
Previous Owner Foothills Group $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2019 12/12/19 Sold $1,050,000 -19.2% $464 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $1,300,000 0.0% $574 / Sq Ft
11/29/2018 11/29/18 Under Contract -- -- --
11/01/2018 11/01/18 Rented $3,000 -14.3% --
09/20/2018 09/20/18 For Rent $3,500 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,474 $1,057,490 $539,000 $518,490
2024 $11,474 $1,057,490 $539,000 $518,490
2023 $11,889 $834,350 $539,000 $295,350
2022 $11,889 $834,350 $539,000 $295,350
2021 $11,889 $834,350 $539,000 $295,350
2020 $11,889 $834,350 $539,000 $295,350
2019 $11,889 $834,350 $539,000 $295,350
2018 $6,417 $450,350 $224,000 $226,350
2017 $6,417 $450,350 $224,000 $226,350
2016 $6,417 $450,350 $224,000 $226,350
2015 $6,192 $450,350 $224,000 $226,350
2014 $6,080 $450,350 $224,000 $226,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170229380

SmartMLS

APN: WASH-000011-000007-000026-000055